Wynn Macau and Melco Resorts Severed Ties with Junkets

Author: Live Casino Direct
 
Wynn Macau and Melco Resorts Severed Ties with Junkets
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Wynn Macau and Melco Resorts have severed ties with junket operators.

Wynn Macau and Melco Resorts are cutting ties with VIP gaming promoters. The junket sector has been seriously hit after the arrest of Suncity chief executive officer Alvin Chao last month. The company will be terminating its arrangements with junkets no later than December 31, 2021. Third-party VIP areas would be converted into mass-market venues or used for other purposes.

Galaxy Entertainment Group did not respond to the media's request for information on junket operations at its casino properties. The other four licensees in the SAR of China did, however, respond. SJM Holdings said in December that it has ongoing contractual obligations related to VIP gaming promoters.

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